45
45
Jan 29, 2013
01/13
by
FOXNEWS
tv
eye 45
favorite 0
quote 0
summer of 2011, big fight over the debt ceiling at the time. jay carney, white house press secretary accuses ed henry, our white house correspondent of spouting republican talking points. and now, to get into this fight over more and more spending. we have had a debt ceiling fight and a fiscal cliff fight, the president's talking about fox again. >> it would be so much better if he would man up and get in the arena. instead, he sits on the sidelines and talks to the comfortable media -- i don't blame him. but it's easy to take a shot. but he can come here. r. he will be treated with respect. bill o'reilly -- he would never talk to sean. but sean would be respectful am but he doesn't, you know, he won't come here -- and -- >> the research has shown more democrats watch fox than republicans watch some of the other news networks. if you go back to the debt ceiling fight, one of the things that angered the white house was republicans were saying, repeatedly, the president hasn't put forth a plan. wais his plan to cut spending? the answer was, you a
summer of 2011, big fight over the debt ceiling at the time. jay carney, white house press secretary accuses ed henry, our white house correspondent of spouting republican talking points. and now, to get into this fight over more and more spending. we have had a debt ceiling fight and a fiscal cliff fight, the president's talking about fox again. >> it would be so much better if he would man up and get in the arena. instead, he sits on the sidelines and talks to the comfortable media -- i...
57
57
Jan 29, 2013
01/13
by
FOXNEWS
tv
eye 57
favorite 0
quote 0
summer of 2011, big fight over the debt ceiling at the time. jay carney, white house press secretary accuses ed henry our white house correspondent of spouting republican talking points. and now, they get into this fight over more and more spending, a debt ceiling fight and a fiscal cliff fight. the president is talking about fox again. it's what happens when he gets into a fight. >> greta: it would be so much better if he would sort of man up and get in the arena instead of sits on the side line and talks to his comfortable media. pan it's so easy for him to take a shot and come here and be treated with respect and you know he will be here and bill o'reilly will probably treat him respectfully. he'll probably never talk to sean, but sean will be respectful and he won't come here. >> and research has shown that more democrats watch fox than republicans watch some of the other news networks and if you go back to the debt ceiling fight. one. things that angered the white house was republicans were saying repeatedly, the president hasn't put forth
summer of 2011, big fight over the debt ceiling at the time. jay carney, white house press secretary accuses ed henry our white house correspondent of spouting republican talking points. and now, they get into this fight over more and more spending, a debt ceiling fight and a fiscal cliff fight. the president is talking about fox again. it's what happens when he gets into a fight. >> greta: it would be so much better if he would sort of man up and get in the arena instead of sits on the...
64
64
Jan 29, 2013
01/13
by
FOXNEWS
tv
eye 64
favorite 0
quote 0
in a couple of days, the senate will vote on a proposal to extend the debt ceiling out til may, so if the senate does, it heads to the white house for the president's signature, and that reorders the calendar of deadlines as far as spending is concerned, so next up would be the government spending cuts, the automatic spending cuts known as the sequester followed by march 27th a large chunk of government spending authority runs out. and without an agreement the, basically, no spending agreement there you'd have a government shutdown on may 18th, that's the next debt ceiling deadline if this does manage to pass the house and the u.s. senate and go to the president's desk for his signature. analysts are saying next up now is that big government spending fight dealing with the appropriations process, and it makes it more likely now with that up next that there could be a goth shutdown. a government shutdown. >> you know, take off the worst case elements of what, you know, could be a worst case scenario by removing the debt ceiling, essentially, and then have just a good old fight on spend
in a couple of days, the senate will vote on a proposal to extend the debt ceiling out til may, so if the senate does, it heads to the white house for the president's signature, and that reorders the calendar of deadlines as far as spending is concerned, so next up would be the government spending cuts, the automatic spending cuts known as the sequester followed by march 27th a large chunk of government spending authority runs out. and without an agreement the, basically, no spending agreement...
78
78
Jan 29, 2013
01/13
by
FOXNEWS
tv
eye 78
favorite 0
quote 0
a political crisis over the debt ceiling might be further off than you think. chief congressional correspondent mike emanuel tells us about an idea to push the deadline the summer. >> sources say treasury officials told them to extent the debt creeling to mid-may could be stretched so the next deadline for action won't be until august if the senate passes the bill. to buy more time, they say extraordinary measures can be taken. the senate republican leader calls the debt crisis a chance to make the both leaner a more efficient. >> reducing the debt we eliminate an additional drag on the economy. so this isn't a conversation about austerity. it's a conversation about growth. and opportunity. >> republicans say part of getting the nation's fiscal house in order requires cutting government spending. democratic talking point this week is spending isn't the problem. it's the media. >> i am not going to keep cutting the discretionary budget which by the way is not out of control. despite what you hear on fox news. >> though this graphic from the office of management
a political crisis over the debt ceiling might be further off than you think. chief congressional correspondent mike emanuel tells us about an idea to push the deadline the summer. >> sources say treasury officials told them to extent the debt creeling to mid-may could be stretched so the next deadline for action won't be until august if the senate passes the bill. to buy more time, they say extraordinary measures can be taken. the senate republican leader calls the debt crisis a chance...
110
110
Jan 29, 2013
01/13
by
FOXNEWS
tv
eye 110
favorite 0
quote 0
bill: with the budget and the debt ceiling and the immigration push that becomes a pretty crowded calendar. does that mean that new gun laws don't happen and get no movement or traction in this congress? >> kwhraeu don'yeah i don't expect that them. i understand the issue of people raising it and how they are raising it given the environment we are in in the aftermath of a terrible tragedy. no gun laws have ever worked to accomplish that. some of the place necessary this country with the strictist gun laws have the most violence. let's have that debate, we are happy to point out that. bill: last week harry reid seemed to suggest that he did not want to put his senate democrats in an uncomfortable situation regarding a vote on gun control. there are 20 democratic senators up for re-election in 2014. is it your belief that he's trying to give them cover? >> well, i understand why, we -- by the way, the right to bear arms is not something we made up. it is a constitutional right and i hope that there are democrats that are uncomfortable about doing things that undermine that. it is a basic fu
bill: with the budget and the debt ceiling and the immigration push that becomes a pretty crowded calendar. does that mean that new gun laws don't happen and get no movement or traction in this congress? >> kwhraeu don'yeah i don't expect that them. i understand the issue of people raising it and how they are raising it given the environment we are in in the aftermath of a terrible tragedy. no gun laws have ever worked to accomplish that. some of the place necessary this country with the...
936
936
Jan 29, 2013
01/13
by
FBC
tv
eye 936
favorite 0
quote 0
that pushes the debt ceiling to may 18th. the back end of number of cliffs upcoming in the calendar. look here at the government deadlines the congress and white house are facing right now. first, march 1st are the automatic spending cuts known as the sequester. they begin to hit the federal budget. that is something that takes place over the course of the year and is gradual. march 27th, that is when government spending runs out. or a large chunk of it. if there is no agreement on that, that could shut down the federal government. you're looking at debt ceiling all the way on may 18th. congressional aides saying treasury is telling them pause of extraordinary measures they can use, this pushes the debt ceiling day back to sometime this summer perhaps if this is a bill that clears congress and the senate is going to consider it the next couple of days and likely it does pass of the because the debt ceiling is pushed off and the next real fast deadline is march 27th, that government spending deadline, analysts say that increas
that pushes the debt ceiling to may 18th. the back end of number of cliffs upcoming in the calendar. look here at the government deadlines the congress and white house are facing right now. first, march 1st are the automatic spending cuts known as the sequester. they begin to hit the federal budget. that is something that takes place over the course of the year and is gradual. march 27th, that is when government spending runs out. or a large chunk of it. if there is no agreement on that, that...
254
254
Jan 29, 2013
01/13
by
WBAL
tv
eye 254
favorite 0
quote 0
he's made it clear he's willing to bypass congress and increase the debt ceiling by executive order if necessary. >> jimmy: you ain't lying, honey bri bri. [ light laughter ] the president's got the bill in his hands. all it needs now is his john hancock. ♪ whipping out his hancock ♪ [ laughter ] >> jimmy: obama's got republicans in a compromising position. and now, he's ready to push his package through congress. ♪ ah push it push it good ah push it ♪ >> push it real good! [ laughter and applause ] ♪ obama's unwillingness to back down on this issue has left the gop handcuffed, helped in no small way by the president's strong backing from prominent democrats, including senate majority leader dick durbin. >> jimmy: hey, hold on. hold up. you gonna roll up in here talking about handcuffs and dicks? [ light laughter ] >> how was third grade, jimmy? ♪ 50 shades of brian williams ♪ >> members of congress have a big job to do. >> jimmy: it's time to come together and raise the roof! ♪ the debt clock is rising there ain't no denying the deadline for action is on the horizon â™
121
121
Jan 29, 2013
01/13
by
MSNBCW
tv
eye 121
favorite 0
quote 0
it comes out of the debt ceiling deal in 2011 and it was the backup to the supercommittee. and way it was designed, it was originally supposed to be half taxes and half spending cuts. so both sides would be terrified of letting it happen, and because they were so terrified of letting it happen, they would come to a deal. the point of the sequester was to get the two sides to a deal. but republicans wouldn't allow tax increases, even in the sequester. and so they made this weird deal with democrats. and they said, okay, the sequester has to be all spending cuts. but because we're not giving you any taxes, they can mostly be spending cuts you don't mind and that we really hate. so half of the sequester, a full half of it is defense. that is a huge, huge cut to defense. but it's actually worse than that for republicans. medicaid is completely protected from the sequester. social security, completely protected. most low-income programs, completely protected. medicaid beneficiaries, completely protected. veterans benefits, completely protected. pell grants, completely protected.
it comes out of the debt ceiling deal in 2011 and it was the backup to the supercommittee. and way it was designed, it was originally supposed to be half taxes and half spending cuts. so both sides would be terrified of letting it happen, and because they were so terrified of letting it happen, they would come to a deal. the point of the sequester was to get the two sides to a deal. but republicans wouldn't allow tax increases, even in the sequester. and so they made this weird deal with...
101
101
Jan 29, 2013
01/13
by
MSNBCW
tv
eye 101
favorite 0
quote 0
the debt ceiling ♪ ♪ the president is having a hard time getting enough ♪ ♪ seems the gop ain't rubbing him the right way ♪ ♪ especially with the country's $16.4 trillion in debt. ♪ ♪ we're still in debt, but it's all right ♪ ♪ the united states really couldn't get any broker ♪ ♪ got to liquidate its assets just like al roker ♪ >> sometimes you feel bad for brian. last week, many criticized the military's decision to allow women to fight in combat roles. jon stewart explains the logic. >> there are certain facts ability upper body streng. 6'4", 240 pound marine and you are injured and you need the marine next to you to carry you back to safety and she weighs 115 pounds. it's irrelevant. we can't have women in combat because they are tiny. they are too delicate. they are little. they are wee little hands. they can barely -- have you ever seen them eat, they pick up a dinner roll. tiny sharp teeth, wait a minute, i'm thinking of mice. mice should not be serving in the military no matter how adorable they might be. sergeant whiskers, i can't nape on you. a thimble for a h
the debt ceiling ♪ ♪ the president is having a hard time getting enough ♪ ♪ seems the gop ain't rubbing him the right way ♪ ♪ especially with the country's $16.4 trillion in debt. ♪ ♪ we're still in debt, but it's all right ♪ ♪ the united states really couldn't get any broker ♪ ♪ got to liquidate its assets just like al roker ♪ >> sometimes you feel bad for brian. last week, many criticized the military's decision to allow women to fight in combat roles. jon...
122
122
Jan 29, 2013
01/13
by
CNBC
tv
eye 122
favorite 0
quote 0
we seemed to have punted down the road the idea of using the debt ceiling as a bargaining chip. that's question number one. number two, can the rate of earnings grow? the earnings numbers are okay. earnings growth has slowed. can that rate of earnings growth sustain this kind of rally, these kinds of prices and evaluations. >> what do you think, kenny? >> i think it's ahead of itself. listen, the government put the sequestration and debt ceiling on vacation for six to ten weeks. therefore, the markets are concentrating right now. as we move through february, you can believe sequestration is going to come to the top again. when it does, it will have that whole sense of anxiety. >> let me answer questions. we are seeing revenue growth now. we have no revenue growth last quarter, now almost 4% in the quarter. if we get an acceleration even modestly top line growth, 5% maybe, that will go right to the bottom line. >> i want to get to rick santelli. he had an auction that went off the board. how does it look, ricky. >> doesn't look bad. we'll give it a grade in a minute. one issue ma
we seemed to have punted down the road the idea of using the debt ceiling as a bargaining chip. that's question number one. number two, can the rate of earnings grow? the earnings numbers are okay. earnings growth has slowed. can that rate of earnings growth sustain this kind of rally, these kinds of prices and evaluations. >> what do you think, kenny? >> i think it's ahead of itself. listen, the government put the sequestration and debt ceiling on vacation for six to ten weeks....
106
106
Jan 29, 2013
01/13
by
CURRENT
tv
eye 106
favorite 0
quote 0
if not that fight, then in the next debt ceiling fight the next debt ceiling fight. the demand nor spending cuts isn't going to go anywhere. >> bill: barney frank, he would be fired up, ready to go. he knows she is issues. he knows the fiscal issues better than anybody else. >> deval patrick said he would be happy to have him. he didn't endorse it per se but he expressed sort of opens to the idea. >> wouldn't be a big learning curve for barney. >> bill: no, not at all. i think it would be very tough for governor patrick not to appoint him. i mean who else could step in and have all of the information and all of the experience you need to really fight for the people. >> i was going to say -- >> bill: now, of course, so is it is sort of a relief the fiscal issues are out of the way and we can talk about something else like maybe immigration reform. very unusual to see these days eight senators, four from each party, agree on anything, correct? >> it is. >> bill: you cover the congress. you're there. >> i do. filibuster reform deal that killed filibuster reform. this is
if not that fight, then in the next debt ceiling fight the next debt ceiling fight. the demand nor spending cuts isn't going to go anywhere. >> bill: barney frank, he would be fired up, ready to go. he knows she is issues. he knows the fiscal issues better than anybody else. >> deval patrick said he would be happy to have him. he didn't endorse it per se but he expressed sort of opens to the idea. >> wouldn't be a big learning curve for barney. >> bill: no, not at all. i...
111
111
Jan 29, 2013
01/13
by
MSNBCW
tv
eye 111
favorite 0
quote 0
once again finds itself locking horns with republicans over the issue of raising the debt ceiling. the amount of money the nation is legally allowed to borrow. >> oh, yeah. when it comes to raising the debt ceiling, the president is having a hard time getting it up. >> brian williams does such a good job slow jamming. that's going to wrap things up for me today. i'm going to see you tomorrow, 11:00 a.m. eastern. joining us richard bloomen thaul and debbie wasserman schultz and david ciciline and mayor greg stanton of phoenix. you should have seen the way it was spelled in my prompter. you should have seen it, alex. you can't. you know? they try to make things easier for me, and then i just mess it up. now with alex wagner coming up next. don't go anywhere. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle.
once again finds itself locking horns with republicans over the issue of raising the debt ceiling. the amount of money the nation is legally allowed to borrow. >> oh, yeah. when it comes to raising the debt ceiling, the president is having a hard time getting it up. >> brian williams does such a good job slow jamming. that's going to wrap things up for me today. i'm going to see you tomorrow, 11:00 a.m. eastern. joining us richard bloomen thaul and debbie wasserman schultz and david...
WHUT (Howard University Television)
47
47
Jan 29, 2013
01/13
by
WHUT
tv
eye 47
favorite 0
quote 0
ceiling. if you are right about this, there are people in trends in congress. they come from districts. they come from states where this is not their issue, so congress is polarized around the issue of poverty. we said there is a bipartisan consensus parliament does not matter. if you are right about your assessment, how do we imagine the plight of the four is going to get a dress? >> just what you have been giving these lawyers about. -- these blurbs about. people have to stop being silent. anytime i get a phone call in my office i believe at least 50 of my constituents believe the exact same thing. if you start calling your congress people and senators and saying to them you want to address poverty, trust that they listen. do not just assume or be angry when you turn on the news that television cannot talk to a spirited you have to do it yourself, because if you do not -- television cannot talk to us. you have to do it yourself. people get news media about food stamps, and everyone forgets a
ceiling. if you are right about this, there are people in trends in congress. they come from districts. they come from states where this is not their issue, so congress is polarized around the issue of poverty. we said there is a bipartisan consensus parliament does not matter. if you are right about your assessment, how do we imagine the plight of the four is going to get a dress? >> just what you have been giving these lawyers about. -- these blurbs about. people have to stop being...
33
33
Jan 29, 2013
01/13
by
MSNBC
tv
eye 33
favorite 0
quote 0
plus, the debt ceiling simply says we're not going to pay our bills. it just is illogical to say that's to pay for that. that's like going out and incurring costs which all of us did, republicans and democrats together, and then saying oh, and by the way, i'm not going to pay my bill unless you do me this enormous favor. but the other point i would make is this. he talks about, we need tax reform. the biggest single abuse in the tax code today, and it's a tough contest, is the one that says the richest people in america who run hedge funds can treat their earned income as if it were a capital gain. they call it carried interest. >> yeah. >> it means the rest of us are carrying them. and we voted to reduce that. and paul ryan boxed it. he is against that. and if you remember from that interview, he did not give a single specific about a tax break he wants to end, and he talked about cutting entitlements. >> he is up front saying no more revenue. i mean, that's their position on that. now, they've backed off the debt limit. now they're backing off a gove
plus, the debt ceiling simply says we're not going to pay our bills. it just is illogical to say that's to pay for that. that's like going out and incurring costs which all of us did, republicans and democrats together, and then saying oh, and by the way, i'm not going to pay my bill unless you do me this enormous favor. but the other point i would make is this. he talks about, we need tax reform. the biggest single abuse in the tax code today, and it's a tough contest, is the one that says the...
169
169
Jan 29, 2013
01/13
by
CNBC
tv
eye 169
favorite 0
quote 0
the debt ceiling debate has been delayed for three months no. reason why the market can't keep running at this point just because there's no obvious catalyst to run into, but at some point, whether it's the revenue growth or something out of washington, you know, i think we'll -- we're due for a pause if not outright correction. >> fundamentals matter. >> sooner or later they do. >> please, go ahead. >> just going to mention two cautionary notes here. even though i'm pretty constructive on the economy i'll give you a good reason to worry about april sis the sequestering right? i think markets have gotten very comfortable with the washington dysfunction going on because they keep going up at the deadline and then fix the problem without damage to the economy and my sense is sequester happening, $100 billion out of the economy, is actually on the high side and i don't think that's built into the market and the other thing, the last time the market was at these levels, the size of the economy was only a little bit smaller than it was now, profits a
the debt ceiling debate has been delayed for three months no. reason why the market can't keep running at this point just because there's no obvious catalyst to run into, but at some point, whether it's the revenue growth or something out of washington, you know, i think we'll -- we're due for a pause if not outright correction. >> fundamentals matter. >> sooner or later they do. >> please, go ahead. >> just going to mention two cautionary notes here. even though i'm...
74
74
Jan 30, 2013
01/13
by
CSPAN2
tv
eye 74
favorite 0
quote 0
this week we expect to vote on a bill to extend the debt ceiling until this summer, a bill i'm very happy about it will not resort to what her previous efforts have done. this is the way things should work around here. i hope it's a vision of the future. it's far more common ground for democrats and republicans on the issues we face than people realize. certainly the last two years would suggest that it's incumbent upon us to seek the common good, the common ground rather than retreat the opportunity. i believe we've seen so far in this congress imposed software ability to deliver the middle class in coming months. we have big issues that hopefully we can resolve. we can face the difficult challenges ahead. [inaudible] i don't want you to stay here. we had a wonderful caucus today, where he taught about the work that's been done and 72 with immigration. we are far from having met john, but the work done by turbine, senator, bennett and menendez is very, very -- i'm very hopeful. the president is in las vegas today. he's put his arms around the four senators on the democratic side in repub
this week we expect to vote on a bill to extend the debt ceiling until this summer, a bill i'm very happy about it will not resort to what her previous efforts have done. this is the way things should work around here. i hope it's a vision of the future. it's far more common ground for democrats and republicans on the issues we face than people realize. certainly the last two years would suggest that it's incumbent upon us to seek the common good, the common ground rather than retreat the...
25
25
tv
eye 25
favorite 0
quote 0
ceiling or the fiscal cliff i think is a significant force in the role of economic policy that is five years ago if i face a. journalist that you asked me face problems with service and it's it's. probably no you know lunatic aside now this possibility that perhaps not their ally. still is on the take. and this is just a byproduct waltz in washington all the phenomena of the kind of policy you know the most important economy in the world. but without a minus check out the markets us will be able to see they are indeed mixed but the down watch lee continues north actually averaging a five year high and that's despite u.s. confidence coming out. not by taxes and spanks over in washington but gains on the dollar though really thanks to corporate earnings from the likes of drug make a fire which rose two point eight percent of the higher than expected full year profit and energy shares as well collines also having a good session reporting a twenty fold profit so that's why it is half a percent for the dow. started out now the footsie in london as you can see seven tenths of a cent london h
ceiling or the fiscal cliff i think is a significant force in the role of economic policy that is five years ago if i face a. journalist that you asked me face problems with service and it's it's. probably no you know lunatic aside now this possibility that perhaps not their ally. still is on the take. and this is just a byproduct waltz in washington all the phenomena of the kind of policy you know the most important economy in the world. but without a minus check out the markets us will be...
15
15
tv
eye 15
favorite 0
quote 0
the second problem of the second more and more important problem than just the monitor of the debt ceiling or the fiscal cliff to use the significant force in an economic policy that's five years ago is facing. in terms that you asked me face problems with the service and it's it's. probably you know the lunatic second now this possibility that perhaps not they're all right. still is on. and this is just a byproduct waltz in washington of economics of the kind of false if you emotional for the economy in the right. right token of the economy let's check out the u.s. markets they do remain minutes ago the dow continuing north around hoffer percent that five year high despite u.s. confidence coming out. really knocked by taxes in spots over in washington the games are on the dow thanks to corporate earnings from drug micah finds on energy shows up the lera reporting a twenty fold gain in profit that the two standout stocks to me the nasdaq down a fraction the footsie in london also had a good day of it which indicates that investors are expectant of more such a bike stimulus going forward as
the second problem of the second more and more important problem than just the monitor of the debt ceiling or the fiscal cliff to use the significant force in an economic policy that's five years ago is facing. in terms that you asked me face problems with the service and it's it's. probably you know the lunatic second now this possibility that perhaps not they're all right. still is on. and this is just a byproduct waltz in washington of economics of the kind of false if you emotional for the...
211
211
Jan 29, 2013
01/13
by
CNBC
tv
eye 211
favorite 0
quote 0
let's take a look at the next idea about the debt ceiling debate. i think this is a really important finding here, guys. we ask do you think congress is going to increase the debt ceiling every time it's reached, refuse to raise it at some point and don't know? you can see 86% are saying that congress will raise the debt ceiling every time it's reached this year, when i think about some of the reasons why stocks have gotten higher because i think that thread along with the fiscal cliff has come out of the market and that there's overwhelming sentiment that coss i solve the get problem. we asked wall street to grade our treasury secretary going out and one coming in. you can see a pretty strong sentiment that he was a seed secretary with a 2.2. jack lew, the sentiment there. 2.0. one more thing on the deficit i just want to say and maybe this is worthy of discussion here. i think this is a sign that things have improved, at these economists and guys on wall street are saying we should solve the deficit and do it now. i think if things were as bad as
let's take a look at the next idea about the debt ceiling debate. i think this is a really important finding here, guys. we ask do you think congress is going to increase the debt ceiling every time it's reached, refuse to raise it at some point and don't know? you can see 86% are saying that congress will raise the debt ceiling every time it's reached this year, when i think about some of the reasons why stocks have gotten higher because i think that thread along with the fiscal cliff has come...
126
126
Jan 29, 2013
01/13
by
FBC
tv
eye 126
favorite 0
quote 0
they just put off the debt ceiling problems down the road. sequestration still happening on march 1, that hasn't gone anywhere, yet this study says 57% of small business owners expect the financial situation to be buried to so much good. both are the same number of jobs at their company makes your year overall as there were last year was to me is very optimistic. but they just happen to not be firing anyone. if that optimism? >> what is happening, you technically feel better, but you still have eye problems. optimism is not here. a look at the projections and say we can make this happen. we're reminded we have to keep for a few weeks longer. melissa: you have to have a lot of courage, and perhaps things have been tough for so long it is kind of the new normal, the new year, maybe they are marginally better or a lot better, i don't know. am i getting anywhere? >> you're right, have to be optimistic optimism. melissa: talking to one of the fundamental problems which is people being overeducated for the job they have. almost everybody has a bach
they just put off the debt ceiling problems down the road. sequestration still happening on march 1, that hasn't gone anywhere, yet this study says 57% of small business owners expect the financial situation to be buried to so much good. both are the same number of jobs at their company makes your year overall as there were last year was to me is very optimistic. but they just happen to not be firing anyone. if that optimism? >> what is happening, you technically feel better, but you...
175
175
Jan 29, 2013
01/13
by
KPIX
tv
eye 175
favorite 0
quote 0
>> reporter: you know, that delay of the battle over the debt ceiling until may really did reduce some of the near- term investment pressure. i know we still have to deal with it but it did kind of take the level down a few notches. also, the housing market finally contributing to nick growth instead of dragging it down. and maybe the most important, today we started a federal reserve two-day policy meeting and the fed maintains its low interest rate policies until the unemployment situation improves substantially. so those are really positive forces for the stock market. >> my 401 couple of is loving it. and so am i. but is there any risk because it's going up so quickly? >> well, i think that of course that the folks down in d.c. could turn everything upside-down. they could look at these across- the-board spending cuts and that might not be very investor friendly. the budget negotiations could put a wrinkle into things. additionally, let's look at the small investor. i don't want it blame us but, you know, we're piling into stocks again and it could actually be a negative. in the pa
>> reporter: you know, that delay of the battle over the debt ceiling until may really did reduce some of the near- term investment pressure. i know we still have to deal with it but it did kind of take the level down a few notches. also, the housing market finally contributing to nick growth instead of dragging it down. and maybe the most important, today we started a federal reserve two-day policy meeting and the fed maintains its low interest rate policies until the unemployment...
91
91
Jan 29, 2013
01/13
by
CNBC
tv
eye 91
favorite 0
quote 0
ceiling. similar to what we had in the summer of 2011. >> they gave you a little bit of cover right? they extended at least and kicked the can for a short period of time down the road. so washington at least is going to be out of it. say for another 30 days. before we have to start worrying about the sequester correct? >> correct. >> is there a bubble in bonds? >> there is. if you look at spreads they're much too tight to the curb especially with the high yield. people are looking just at the nominal interest they're collecting but not thinking about the duration of what happens if ultimately the fed withdraws liquidity and rates back up. if the economy were to go back into recession many high yield bonds especially the lower rated ones might have a hard time paying the interest because obviously business would be soft. you have to be careful about the risk that you're taking for that nominal yield of 5 to 5.5%. >> scott, can the market continue to dismiss the under performance of the technolo
ceiling. similar to what we had in the summer of 2011. >> they gave you a little bit of cover right? they extended at least and kicked the can for a short period of time down the road. so washington at least is going to be out of it. say for another 30 days. before we have to start worrying about the sequester correct? >> correct. >> is there a bubble in bonds? >> there is. if you look at spreads they're much too tight to the curb especially with the high yield. people...
97
97
Jan 29, 2013
01/13
by
CNBC
tv
eye 97
favorite 0
quote 0
ceiling deby the and at record highs in the market. does this become helpful. alan greenspan used to look at the stock market and say there's a wrelt effect. when the stock market is going up people aren't worried about debt. are we fooling ourselves that we're looking at the market going higher and a wealth effect going on and there's real problems that have yet to be addressed in. >> that's a great point. in each of these moments they are responding to two things. kind of an action forcing moment. we had the cliff and now we'll have the sequester and continuing res hughes, and the market wants us to resolve these issues and each time we skirt around them, again, with the bare minimum, but we don't really fix the problem, and my concern is the market responds positively because we don't have the immediate problem, but we're really putting cap on what kind of growth, recovery, real competitiveness we can have in the economy until we fix the debt overhang. what you're saying it lulls us into a complacent moment and people are saying, we
ceiling deby the and at record highs in the market. does this become helpful. alan greenspan used to look at the stock market and say there's a wrelt effect. when the stock market is going up people aren't worried about debt. are we fooling ourselves that we're looking at the market going higher and a wealth effect going on and there's real problems that have yet to be addressed in. >> that's a great point. in each of these moments they are responding to two things. kind of an action...
95
95
Jan 29, 2013
01/13
by
CSPAN
tv
eye 95
favorite 0
quote 0
host: how did you vote on the debt ceiling issue? guest: i did vote for the no budget, no pay bill. i believe it is an important principle. i just left this weekend, handing copies out in the district. people think that we have to stop spending money that we do not have. as i mentioned, budgets are not the sexiest topic. it is difficult to get 1 million people to march on the capital because we do not have a budget, but what families, small- business owners, church leaders, school board members understand is that if you do not have a budget, you spend more. it is remarkable what has, on. in some ways the bill was a gimmick, but within a few hours patty murray held a press conference announcing that we would pass a budget this year. i think that that is vital in bringing together some sort of compromise over the course of the next several months. it is difficult to have legitimate policy discussions without numbers to look at. host: congressman luke messer, from the sixth district of indiana. woodbridge, virginia, democratic line. hello. caller: i want to address people who say they
host: how did you vote on the debt ceiling issue? guest: i did vote for the no budget, no pay bill. i believe it is an important principle. i just left this weekend, handing copies out in the district. people think that we have to stop spending money that we do not have. as i mentioned, budgets are not the sexiest topic. it is difficult to get 1 million people to march on the capital because we do not have a budget, but what families, small- business owners, church leaders, school board members...
64
64
Jan 29, 2013
01/13
by
CSPAN2
tv
eye 64
favorite 0
quote 0
it is my hope that the debate over the debt ceiling will finally move our friends on the other side beyond their preoccupation with the horse race. already, senate democrats have committed to developing a budget this year after years of ducking their responsibilities to do so. hopefully this will be a serious exercise and not simply an excuse for them to try to raise taxes, which as we all know is just another way to avoid solving core problems. last week i came to the floor with a chart that showed that even if the president got every single tax increase he asked for, every one of them, we would still not evening come close to solving the problem. not even close. so let's not waste time with more pointless argument argument tax increases. we had that debate already. it's done, it's oamplet i call on democrats to approach it seriously and do it with order. we have to break this putting off all important work until the final hour. tweendz get back to regular order and that takes time. & that's why we need to get started right now. let the tough work of developing a budget and putting togeth
it is my hope that the debate over the debt ceiling will finally move our friends on the other side beyond their preoccupation with the horse race. already, senate democrats have committed to developing a budget this year after years of ducking their responsibilities to do so. hopefully this will be a serious exercise and not simply an excuse for them to try to raise taxes, which as we all know is just another way to avoid solving core problems. last week i came to the floor with a chart that...
131
131
Jan 29, 2013
01/13
by
CSPAN
tv
eye 131
favorite 0
quote 0
host: how did you vote on the debt ceiling issue? guest: i did vote for the no budget, no pay bill. i believe it is an important principle. i just left this weekend, handing copies out in the district. people think that we have to stop spending money that we do not have. as i mentioned, budgets are not the sexiest topic. it is difficult to get 1 million people to march on the capital because we do not have a budget, but what families, small- business owners, church leaders, school board members understand is that if you do not have a budget, you spend more. it is remarkable what has, on. in some ways the bill was a gimmick, but within a few hours patty murray held a press conference announcing that we would pass a budget this year. i think that that is vital in bringing together some sort of compromise over the course of the next several months. it is difficult to have legitimate policy discussions without numbers to look at. host: congressman luke messer, from the sixth district of indiana. woodbridge, virginia, democratic line. hello. caller: i want to address people who say they
host: how did you vote on the debt ceiling issue? guest: i did vote for the no budget, no pay bill. i believe it is an important principle. i just left this weekend, handing copies out in the district. people think that we have to stop spending money that we do not have. as i mentioned, budgets are not the sexiest topic. it is difficult to get 1 million people to march on the capital because we do not have a budget, but what families, small- business owners, church leaders, school board members...
123
123
Jan 29, 2013
01/13
by
CSPAN2
tv
eye 123
favorite 0
quote 0
ceiling bill that's now come over to the senate, it looks like the senate according to senator murray will now take up a budget. this is important because while republicans believe that spending is the problem not a lack of taxation, it's going to be a revealing exercise to see how this budget markup goes in committee and then, of course, on the floor. and it will be, i'm sure, a challenge for those who believe that more revenue is a solution as opposed to reining in spending to see how senate democrats produce 51 votes to pass a budget by the april 15th deadline. >> senate republicans just released a video that highlights the president's past statements when it comes to tackling the debt and his actual record when it comes to tackling the debt. and when out comes to reducing the debt as we would say out in the west, the president has been all hat and no cowboy. in other words, he's been all talk and no action. what we've seen over the past four years as trillion dollar deficits every single year, the debt has ballooned by 50%, and so the president's record and his rhetoric just don't
ceiling bill that's now come over to the senate, it looks like the senate according to senator murray will now take up a budget. this is important because while republicans believe that spending is the problem not a lack of taxation, it's going to be a revealing exercise to see how this budget markup goes in committee and then, of course, on the floor. and it will be, i'm sure, a challenge for those who believe that more revenue is a solution as opposed to reining in spending to see how senate...